REC Board Approves ₹3.60 Interim Dividend, Record Date Set for March 26

REC Limited has announced the declaration of its 4th interim dividend for the financial year 2024-25. The Board of Directors, in its meeting held on March 19, 2025, approved a dividend of ₹3.60 per equity share of face value ₹10 each.

REC Ltd Interim Dividend Record Date

The company has set March 26, 2025, as the record date for determining eligible shareholders. Shareholders holding shares in electronic form must appear as beneficial owners in depository records, while those holding physical shares must be listed in the company’s register of members.

The company stated that the interim dividend will be credited or dispatched on or before April 16, 2025. 

9 Months FY25 Financial Highlights

REC Limited reported financial performance with a total income of ₹40,805 crore, reflecting an 18% YoY growth from ₹34,571 crore. Net Interest Income saw a 24% YoY rise, reaching ₹14,191 crore compared to ₹11,422 crore in the previous year. 

The company’s net profit stood at ₹11,477 crore, marking a 15% YoY increase from ₹10,003 crore. Additionally, the loan book expanded to ₹5.66 lakh crore, up 14% YoY from ₹4.97 lakh crore.

Conclusion

This interim dividend reflects REC’s commitment to rewarding its shareholders and maintaining a dividend payout policy. 

On March 20, 2025, REC share price opened at ₹433.80, touching the day’s low at ₹425.10, as of 9:54 AM on the NSE.

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